2017-04-28T10:43:57-05:00 2016-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2015-07-01 061818759 THE SEED SCHOOL OF MARYLAND SEED 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 KEVIN RIDGELY MANAGING DIRECTOR 4108439477 2017-04-28 1 WILLIAM E TURCO CPA P00369217 3012963600 2015 2021-01-29 14:40:06Z JONATHAN TUCKER 200 FONT HILL AVE BALTIMORE MD 212232703 18304486 0 X WWW.SEEDFOUNDATION.COM/SEED_SCHOOLS/MD X 2007 MD THE SEED SCHOOL OF MD IS A STATEWIDE, PUBLIC, COLLEGE-PREPARATORY BOARDING SCHOOL. BY DESIGN AND STATE-LAW, SEED MD SERVES STUDENTS WHO COULD MOST BENEFIT FROM OUR 24-HOUR LEARNING ENVIRONMENT. 25 22 208 50 0 0 3514552 3206118 14559856 14949648 1515 605 108393 114642 18184316 18271013 0 0 0 0 9319486 10374260 0 0 331545 7539656 7592639 16859142 17966899 1325174 304114 50957674 50318734 26378033 25434979 24579641 24883755 X THE SEED SCHOOL OF MARYLAND (SEED MARYLAND) IS A STATEWIDE, PUBLIC, COLLEGE-PREPARATORY BOARDING SCHOOL OFFERING AN EXTRAORDINARY LEARNING AND LIVING EXPERIENCE IN PREPARATION FOR COLLEGE AND BEYOND. THE MARYLAND GENERAL ASSEMBLY PASSED LEGISLATION TO ESTABLISH THE SCHOOL WHICH RECEIVES STATE, LOCAL AND PRIVATE FUNDS. THE MARYLAND STATE DEPT OF EDUCATION (MSDE) OVERSEES THE SCHOOL AND HOLDS IT ACCOUNTABLE TO STATE AND FEDERAL STANDARDS FOR TEACHING AND LEARNING. BY DESIGN AND STATE-LAW, SEED MARYLAND SERVES STUDENTS WHO COULD MOST BENEFIT FROM OUR 24-HOUR LEARNING ENVIRONMENT. 0 0 14683237 14949648 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 14683237 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 41 0 1 208 1 0 0 0 0 0 1 1 0 0 0 0 X 25 22 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MD X KEVIN RIDGELY 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 KELLY TUBMAN HARDY CHAIR 2.00 X X 0 0 0 EARL ADAMS TRUSTEE 2.00 X 0 0 0 RICHARD S BURCH TRUSTEE 2.00 X 0 0 0 JOSH BURKE TRUSTEE 2.00 X 0 0 0 ELIJAH CUMMINGS TRUSTEE 2.00 X 0 0 0 JENNIFER CURRAN TRUSTEE 2.00 X 0 0 0 STEVEN FEDDER TRUSTEE 2.00 X 0 0 0 JENNIFER GALAMBOS TRUSTEE 2.00 X 0 0 0 DOUGLAS HOFFBERGER TRUSTEE 2.00 X 0 0 0 PAULA HOLLINGER TRUSTEE 2.00 X 0 0 0 SONYA HOPSON TRUSTEE 2.00 X 0 0 0 DON HUTCHINSON TRUSTEE 2.00 X 0 0 0 DAWN KIRSTAETTER TRUSTEE 2.00 X 0 0 0 HEATHER KLINK TRUSTEE 2.00 X 0 0 0 HARRY LEBOW TRUSTEE 2.00 X 0 0 0 JOHN LEHR TRUSTEE 2.00 X 0 0 0 KEVIN LILES TRUSTEE 2.00 X 0 0 0 MARC MILLER TRUSTEE 2.00 X 0 0 0 LESLIE POOLE TRUSTEE 2.00 X 0 0 0 CHRIS ROSENTHAL TRUSTEE 2.00 X 0 0 0 JULIE ROTHMAN TRUSTEE 2.00 X 0 0 0 PAUL WHITE TRUSTEE 2.00 X 0 0 0 JON CLASTER TRUSTEE UNTIL 03/2016 2.00 X 0 0 0 ERIC ADLER TRUSTEE 2.50 37.50 X 0 140344 28808 RAJ VINNAKOTA TRUSTEE 2.50 37.50 X 0 189743 24894 JONATHAN TUCKER PRESIDENT/HEAD OF SCHOOL 40.00 X X 145943 0 17498 BRIAN FIELD CORPORATE SECRETARY 2.00 X 0 0 0 KEVIN RIDGELY MANAGING DIRECTOR & CFO FROM 01/2016 40.00 X 0 0 0 DWIGHT CRAWFORD TREASURER UNTIL 12/2015 2.50 37.50 X 0 169401 29150 TIFFANY EVANS DIRECTOR, STUDENT LIFE 40.00 X 101431 0 11312 KATHRYN D BYRAM DIRECTOR, DEVELOPMENT 40.00 X 103472 0 3082 350846 499488 114744 3 0 1 0 THE ABUNDANCE CATERING CO 9 VERNON AVENUE GLEN BURNIE MD 21061 STUDENT FOOD SERVICES 1105214 WOODLAWN MOTOR COACH INC 6523 BLATIMORE NATIONAL PIKE BALTIMORE MD 21228 STUDENT TRANSPORTATION 440380 SECURITAS SECURITY SERVICES USA INC PO BOX 403412 ATLANTA GA 303843412 SECURITY SERVICES 230816 ANAGO OF BALTIMORE 1406 B CRAIN HWY SOUTH STE 108 GLEN BURNIE MD 21061 JANITORIAL SERVICES 161075 4 1450 1242580 1962088 1337291 3206118 PER PUPIL ALLOCATION 900099 14949648 14949648 14949648 605 605 58350 1450 33473 24877 24877 OTHER REVENUE 900009 89765 89765 89765 18271013 14949648 0 115247 247888 66759 113311 67818 8126157 6909257 1089849 127051 303299 272434 29525 1340 1030532 941450 82366 6716 666384 593290 60772 12322 460000 276000 92000 92000 2488 2488 140293 1366 138927 6388 6388 111105 60958 47917 2230 202093 179862 20210 2021 1698669 1501542 197127 529017 522763 5609 645 674548 674548 1582529 1490157 92372 247293 247293 STUDENT SERVICES 1788857 1788857 OTHER EXPENSES 91404 27891 56448 7065 STAFF EXPENSES 50677 44263 1355 5059 EVENTS 7278 7278 17966899 14683237 2952117 331545 4513076 6140341 2270216 983505 7686 2290 69050 50821344 8452515 43482087 42368829 610026 517654 5533 306115 50957674 50318734 608722 725708 22975000 22300000 2539999 2389627 254312 19644 26378033 25434979 X 23497279 24524686 1082362 359069 24579641 24883755 50957674 50318734 304114 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47445888 5721644 41724244 51320 1782 49538 3324136 2729089 595047 42368829 CAPITAL LEASE OBLIGATION 19644 19644 X 18304486 0 18304486 -33473 -33473 18271013 18000372 33473 33473 17966899 0 17966899 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. UNDER SECTION 501(C)(3) OF THE IRC, THE SCHOOL IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE SCHOOL DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2016. THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2013. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON LINE 8B -33,473. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON LINE 8B 33,473. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL SHALL ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN. IT WILL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS, OR ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. SCHEDULE E, PART I, LINE 6 THE SEED SCHOOL OF MARYLAND RECEIVES A STUDENT ALLOCATION FROM THE STATE OF MARYLAND TO COVER THE COST OF ACADEMIC AND FACILITIES EXPENSES. X 1 1 X X X 0 0 0 0 0 0 0 0 0 ERIC ADLER TRUSTEE 0 139804 0 0 0 540 0 9000 0 29724 0 179068 0 0 RAJ VINNAKOTA TRUSTEE 0 189399 0 0 0 344 0 11475 0 16196 0 217414 0 0 JONATHAN TUCKER PRESIDENT/HEAD OF SCHOOL 145943 0 0 0 0 0 6385 0 11512 0 163840 0 0 0 DWIGHT CRAWFORD TREASURER UNTIL 12/2015 0 169266 0 0 0 135 0 10404 0 22776 0 202581 0 0 PART I, LINE 1A THE SCHOOL PROVIDED TAXABLE HOUSING IN THE AMOUNT OF $17,539 TO KHALEK KIRKLAND. SCHEDULE J, PART II, COMPENSATION THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER AND RAJIV VINNAKOTA. THE SCHOOL DOES NOT COMPENSATE THESE INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS: 1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2010-01-21 25000000 TO FINANCE THE ACQUISITION, CONSTRUCTION AND RENOVATION OF THE CAMPUS 0 0 0 A 2700000 25000000 25000000 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 1 X 1 1337291 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SEED SCHOOL OF MARYLAND HIRED RANDSTAD TO PERFORM MANAGMENT DUTIES FROM SEPTEMBER 2015 THROUGH JANUARY 2016. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS BEING PREPARED BY RSM US, LLP AND WILL BE REVIEWED BY THE MANAGING DIRECTOR. THE COMPLETED FORM WILL BE FORWARDED TO THE HEAD OF SCHOOL, THE CFO OF THE SEED SCHOOL OF MARYLAND AND THE INTERIM CFO OF THE SEED FOUNDATION FOR FURTHER REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS AND TO DISCLOSE ANY SUCH CONFLICTS THAT MAY OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF DIRECTORS AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. IN ADDITION, A COMPARATIVE SALARY SURVEY WAS PERFORMED BY THE BOARD AT TIME OF HIRE. THE BOARD DECISIONS WERE IN THE BOARD MINUTES AT THE THE TIME OF HIRE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AN FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER, PYPER DAVIS, AND RAJIV VINNAKOTA. THE SCHOOL DOES NOT COMPENSATE THESE INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. SEED FOUNDATION 1776 MASSACHUTSETTS AVENUE WASHINGTON DC 20036 541850819 MANAGERIAL SUPPORT AND DEVELOPMENT OF SCHOOLS DC 501(C)(3) LINE 9 N/A 0 THE SEED PUBLIC CHARTER SCHOOL OF WASHINGTON DC 4300 C STREET SE WASHINGTON DC 20019 522099612 BOARDING SCHOOL DC 501(C)(3) LINE 2 THE SEED FOUNDATION 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0